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The Export Value of Textile and Garments in China Hit A Record High of $206.53 Billion

World's largest Cotton producer China said the export value of textiles and garments grew 23.77% year on year or 2.33% month on month to $20.34 billion in May this year. According to the latest statistics from China's General Adminis...

Growth eases fears of hard landing

BEIJING - The economy grew 9.5 percent in the second quarter, beating expectations and easing concerns over a hard landing amid tight monetary policies targeting high inflation. The growth rate was higher than the 9.3 percent predicte...

China's Textile and Apparel Exports Hit A Record High, Five Months Before the Growth Nearly A Quarter

The latest statistics show that authority before this year may China textile clothing accumulative total trade between $97.79 billion, increased by about 26%. China's textile and apparel exports in emerging markets, particularly the perf...

Textile and Apparel Exports Have Been Shrinking

The customs general administration released figures showing, this year 1-in May, China's textile and apparel exports total 88.835 billion us dollars, up 26.55%. From the sales amount look, textile and apparel exports appeared some atroph...

China 2011 Cotton Planting Area Seen Up 5.2% Y-O-Y

BEIJING - China's cotton planting area this year is expected to rise 5.2 percent from 2010, lower than the 6.6 percent rise estimated last month, the China Cotton Association said on Thursday. Total cotton area this year is expected a...

Textile Industry Finds It Pays to Be Nice to Workers

BEIJING - Jiangsu Danmao Textile Co Ltd is a fabric manufacturer employing 1,082 by the end of last year. The company's average monthly salary was 2,281 yuan in 2010, up 25 percent from 2009. Yarn producer Bros Holding Limited, headqu...

Shortage of Technical Workers Hinders Development of Textile Industry

The shortage of technical workers has become a key obstacle preventing the textile industry from growing stronger, an official with the China National Textile Industry Council (CNTAC) said Friday. Half of the country's key production ...

Two Adversities Cornering Many China Textile SMEs

According to the latest statistics released by China´s National Bureau of Statistics, the CPI in May rose 5.5 percent year-on-year, which hit the record high level over the past 34 months. Day by day, the adverse influence of i...

Li Ning Sees Decline in H1 Revenues, Profit Margin

HONG KONG - Homegrown Chinese sport brand Li Ning Co Ltd said it expected to see its revenues decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels. In a filing to the Hong Kong bourse...

Where the China's Textile Industry To Go

Textile industry is a very long industry chain, with vertical industry chain system, and each link chain closely linked. But industry chain end has different characteristics, different present upstream, downstream slow cycle quickly mark...
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